Did Chinese automaker Dongfeng ever get around to selling its 14 % share of PSA? If not, a merged FCA-PSA entity risks being partially Chinese-owned, which would obviously be an extremely unpalatable scenario.

Did Chinese automaker Dongfeng ever get around to selling its 14 % share of PSA? If not, a merged FCA-PSA entity risks being partially Chinese-owned, which would obviously be an extremely unpalatable scenario.

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If they're looking for a way out like its implied from the article with bonds backed by a stock or cash, seems like FCA grabbing that share and then some might be the opportunity they're looking for.

Looking at their vehicle portfolio I could see some of these cars coming to NA. They had already expressed interest in coming to NA by 2023 or 2026 depending on your sources, seems like this would keep them from having to do it.

Did Chinese automaker Dongfeng ever get around to selling its 14 % share of PSA? If not, a merged FCA-PSA entity risks being partially Chinese-owned, which would obviously be an extremely unpalatable scenario.

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It's 13.68, no different then french state and the Peugeot family. They all own 13.68

Gee, I said in another thread that they might revisit this, and another poster made comments that I had no idea what I was talking about....something about my thoughts on the subject being “poopies”....hmmm, I guess I was right after all. Funny how that works.

Did Chinese automaker Dongfeng ever get around to selling its 14 % share of PSA? If not, a merged FCA-PSA entity risks being partially Chinese-owned, which would obviously be an extremely unpalatable scenario.

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Thanks for bringing up this point. I thought I was the only one who was apprehensive about this particular aspect of any FCA/PSA marriage.

OH! Almost forgot...Just heard on Bloomberg News Radio this morning that PSA is to be the "acquiring entity", despite the fact that(at least at end of trading yesterday) FCA was the entity with the larger market cap.

Thanks for bringing up this point. I thought I was the only one who was apprehensive about this particular aspect of any FCA/PSA marriage.

OH! Almost forgot...Just heard on Bloomberg News Radio this morning that PSA is to be the "acquiring entity", despite the fact that(at least at end of trading yesterday) FCA was the entity with the larger market cap.

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Size doesn't necessarily matter. Plenty of smaller companies have gobble up much larger companies in the past.

This is good news for the crowd that wanted GM and FCA hookup. You get the GM cars without GM.

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Yeah, however PSA said then future Opel/Vauxhall models will use PSA platforms. On the other hand, Chrysler will hook up with a former part of itself when Rootes and Simca was acquired by PSA in the late 1970s.